UPDATE: Cowen Starts Whole Earth Brands Inc. (FREE) at Outperform

(Updated - December 15, 2021 5:33 AM EST)

Cowen analyst Brian Holland initiates coverage on Whole Earth Brands Inc. (NASDAQ: FREE) with a Outperform rating and a price target of $16.00.

The analyst comments "Through its global portfolio of natural and artificial sweetener brands & products, Whole Earth Brands has potential to disrupt the $96B refined sugar market—of which, sugar substitutes currently comprise ~3%. The company has multiple paths to pursue growth in its Branded CPG segment, including product innovation, North American distribution, increased global penetration, and M&A."

For an analyst ratings summary and ratings history on Whole Earth Brands Inc. click here. For more ratings news on Whole Earth Brands Inc. click here.

Shares of Whole Earth Brands Inc. closed at $10.81 yesterday.

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